OptiBiotix Health Share Price (OPTI)

Hi elrico, can I get in touch with you by email?

There is an update on last nights #OPTI update. Further comment from CEO. Stephen O'Hara can be found at the foot. https://lemminginvestors.blogspot.com/2019/09/optibiotix-health-distribution.html

same as really - on paper a good additional contract and SA is a big market but no numbers so who knows. We've been here before - another jam tomorrow RNS

Thanks rodders . That saves me pressing the button on my screen saying rns . Normally a news release means the share price goes down. We need to get back to mid 50s in my opinion. Let’s see what the market thinks about this one.

GoFigure(R) distribution agreement for Southern Africa

OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high

cholesterol, diabetes and skincare, announces it has entered into a one year exclusive distribution agreement with a South African partner ("The Partner") to distribute its own label GoFigure(R) consumer weight management products in South Africa and neighbouring countries.

The agreement grants The Partner the exclusive rights to import, market and distribute OptiBiotix's GoFigure(R) range of products containing its award-winning SlimBiome(R) weight management technology. This agreement has been signed accompanied by minimum order quantities to be placed within three and 12 months of signing to retain exclusivity.

The Partner wishes to remain anonymous until the official launch date of the GoFigure(R) brand in South Africa has been confirmed. The Partner has more than 20 years of experience in the pharmaceutical and health & wellness markets and has successfully commercialised and promoted a wide range of products to a broad network within the region, spanning the full supply chain.

Dr. Fred Narbel, Managing Director of OptiBiotix's prebiotics division, commented: "We are pleased to announce the signing of this exclusive distribution deal for the commercialisation of our GoFigure(R) products in South Africa and neighbouring countries (a market estimated to be worth ZAR3.8billion in 2016 source: https://pharmadynamics.co.za/sas-health-supplement-market-booming/). The agreement is another strategic step to take OptiBiotix's GoFigure(R) products to international markets which is important as it builds brand recognition, enhancing brand value and creates a further demand for SlimBiome(R), the functional ingredient within GoFigure(R) products. This is an exciting second step in taking OptiBiotix's own label GoFigure(R) products to international markets and follows on the announcement of an earlier deal in Poland (RNS: 22 May 2019)."